"Next year Glencore, the world’s biggest producer of the bluish metal, is due to bring the Katanga mine in the Democratic Republic of Congo back on line after a $430m overhaul of its processing system. The operation has the potential to add as much 22,000 tonnes of cobalt to a market with annual output of around 100,000 tonnes."
Need to get to market quickly and in on the demand now - already getting 22,0000 added to the supply in 2018 - what would be the demand for our 6,000 tonnes at this time?
CFE Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held